Philadelphia Phillies infielder Alec Bohm has settled a lawsuit against his parents, Lisa and Daniel Bohm, ending a contentious legal dispute that began nearly six months ago. The terms of the settlement were not publicly disclosed.
Bohm filed the lawsuit accusing his parents of mismanaging millions of dollars earned during his professional baseball career. He sought a judgment of at least $3 million, along with an accounting of his finances and the return of funds he alleged his parents had converted for their own use. The dispute dates back to 2019.
According to the lawsuit, Bohm's parents requested a 10 percent ownership interest in two LLCs established to hold his earnings, stating they would manage the funds on his behalf while he remained the true owner. Bohm alleged that his parents subsequently transferred millions from his personal accounts into accounts controlled by the LLCs and used an unspecified amount for personal expenses. He also accused them of using money from the Alec Bohm Foundation for personal costs, which his parents denied.
In their court filings, Bohm's parents argued that their son's lack of financial knowledge stemmed from his own inattention and disinterest, stating he was happy to let them handle financial matters while he focused on baseball. The dispute intensified in May when Bohm's parents transferred $528,618 from an LLC money-market account to their attorney's trust account. Bohm alleged this money was moved to cover anticipated legal expenses and sought to have it frozen or returned. His parents maintained the funds were moved for safekeeping and to cover LLC-related expenses, and they asserted that their son was aware of the financial structure.
Bohm, an All-Star in 2024, is currently earning $10.2 million for the 2026 season. He has posted a .700 OPS this season, with 15 home runs and 79 RBIs.